Knight Transportation (KNX) Receives a Buy from Bank of America Securities

In a report released on May 15, Ken Hoexter from Bank of America Securities reiterated a Buy rating on Knight Transportation, with a price target of $72.00. The company’s shares closed last Friday at $69.06.

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According to TipRanks, Hoexter is a 3-star analyst with an average return of 1.2% and a 48.51% success rate. Hoexter covers the Industrials sector, focusing on stocks such as CSX, XPO, and FedEx.

Currently, the analyst consensus on Knight Transportation is a Strong Buy with an average price target of $71.20, implying a 3.10% upside from current levels. In a report released on May 15, TD Cowen also reiterated a Buy rating on the stock with a $81.00 price target.

Based on Knight Transportation’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1.85 billion and a GAAP net loss of $1.32 million. In comparison, last year the company earned a revenue of $1.82 billion and had a net profit of $30.64 million

Based on the recent corporate insider activity of 50 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of KNX in relation to earlier this year. Most recently, in February 2026, Joshua Smith, the CFO – US Xpress of KNX sold 5,770.00 shares for a total of $351,450.70.